Since 2011, the Awards have set the benchmark for excellence in private wealth management in the Asia Pacific region. And just as the industry has evolved drastically over these years, so have the Awards, which now more than ever are recognised for the independence and rigour of the adjudication process, the calibre of participating institutions, and the global recognition they bring.
The Awards for Distinction are judged by members of Asian Private Banker’s editorial team and chaired by Sebastian Enberg, editor.
Today, the editorial team is the most experienced and connected bureau of journalists covering private banking and wealth management in the Asia Pacific region.
Submission Guidelines & Fact Sheets
To be considered for an award, your institution is required to submit a category-specific entry in line with the procedures and criteria outlined in the Submission Guidelines, notwithstanding a few exceptions. Awards for individual persons do not require formal entries, although input is welcome from the industry.
Furthermore, the following categories require participating organisations to provide a completed fact sheet as part of the submission:
- Market Segment Awards (Hong Kong, Singapore, etc.)
- High Net Worth Services
- Ultra High Net Worth Services, Family Office Services
- CIO Office of the Year
- Investment Advisory
- Equity Advisory, Fixed Income Advisory, FX Advisory
- Fund Advisory, Alternative Advisory, Sustainable Investments
- Discretionary Portfolio Management
- Bespoke Discretionary Portfolio Management
Each fact sheet can be printed and filled out or completed digitally.
Asian Private Banker understands and respects participants’ confidentiality requirements and takes information security seriously. Access to submission materials is limited to the Judging Panel and strict measures are in place to ensure the security of physical and electronic materials.
Because the accuracy and success of the Awards for Distinction programme are in large part due to the transparency of participants, the Judging Panel is prepared to sign nondisclosure agreements upon request.
Congratulations to the following winners! Asian Private Banker wishes to extend its sincerest appreciation to all those that participated in the 8th Awards for Distinction.
The ‘Excellence’ award is handed out on merit alone. It recognises an institution with private banking facilities that has demonstrated industry-leading and quality business growth, a strong sense of value proposition, fiduciary responsibility and a willingness to innovate.
One to Watch
The ‘One To Watch’ award is handed out on a purely meritocratic basis to a private bank/wealth manager that has not only demonstrated strong performance over the past year for a specific category, but has the potential to become a market leader in due course.
Frequently Asked Questions
Q: Is my institution required to submit an entry to be considered for an award?
A: Yes. To be considered for an award, your institution is required to submit a category-specific entry in line with the procedures and criteria outlined in this document, notwithstanding a few exceptions. Awards for individual persons do not require formal entries, although input is welcome from the industry. Furthermore, some awards require participating organisations to provide a completed fact sheet as part of the submission.
Q: Where can I find the fact sheets for the categories that require them?
A: The fact sheets will be available on this page from 14 September 2018 onwards.
Q: Is an in-person pitch necessary to be considered for an award or is an electronic/physical submission sufficient?
A: Past experience has shown that in-person (or video conference) pitches that supplement entries are invaluable for all parties involved, insofar as they provide an opportunity to discuss the finer points of a submission on a background basis.
Q: Can my institution pitch for multiple awards at the same time?
A: While an individual submission is required for each category, participants may pitch for multiple awards during a single session for the sake of convenience.
Q: How closely does the Judging Panel apply category criteria and weightings?
A: The criteria establish the framework for adjudication. We recognise that, in some cases, participants may be unable to provide some information requested. Therefore, this year, we have reduced our emphasis on absolute numbers and increased our emphasis on relative (e.g. year-on-year) indicators. At the same time, the more relevant and detailed the information we receive, the more informed our decision will be.
Q: What is the time period under consideration?
A: The timing of the Awards means we are unable to consider performance over a full calendar year (1 January – 31 December). Instead, we ask for year-to-date information with some guidance on the remaining months.
Q: Does an institution’s size affect its chances of winning an award?
A: No. The criteria has been carefully designed to mitigate scale-based bias. We recognise that for a number of categories, larger institutions may have at their disposal resources and budgets that smaller institutions do not. However, the Judging Panel, in making its decisions, prioritises quality and sustainable growth in the context of an institution’s proposition and niche within a 12-month window.
Q: What language can I submit in?
A: Where possible, please submit in English. If you would prefer to submit in another language, please contact email@example.com before doing so to discuss arrangements.
Q: Is there a submission fee?
Q: Are deadline extensions possible if my institution requires extra time to make a submission?
A: No. Due to the overwhelming number of entries we receive each year, deadlines will be strictly observed. However, if we are unable to facilitate your request for a pitching session due to scheduling conflicts, please contact firstname.lastname@example.org at your earliest convenience to discuss alternative arrangements.
Q: When will the winners be announced?
A: Formal announcements will be made over the week of 7 January 2019. Winners will be notified ahead of time on an embargoed basis.
Q: When is the Awards for Distinction Gala Dinner?
A: The Awards for Distinction Gala Dinner will be held on 21 February 2019 at The JW Marriott Hotel in Hong Kong. For more information, please contact Koye Sun at email@example.com.